INSURING WITH CARE™ BLOG

It may be something we don’t want to think about but it doesn’t have to be difficult.

You make at least a hundred different decisions every day. There are quick and easy ones: What time to wake your kids up for school? Which food is least likely to be snubbed by your family? Then there are more challenging ones: Which school your child should attend? Is 12 to young for a cell phone?

Then there are difficult decisions that we struggle with, and that can lead to a catatonic state of procrastination.

Financial decisions top the list of items that people put off making decisions on1, particularly when it comes to purchasing life insurance. The truth is, it may be something we don’t want to think about but it doesn’t have to be difficult.

The word “estate” most likely drums up pictures of affluent individuals like the Bill Gates or Warren Buffets of the world, but whether you think it or not, you have an estate. Your estate is comprised of everything you own, from your car, home, bank account and investments, to your grandmothers wedding rings you inherited and your personal collection of classic movies.

No matter how large or how modest, everyone who owns property has an estate and something in common - you can’t take it with you when you die.